The total import and export value of China's foreign trade in the first 8 months of this year was 27.08 trillion yuan
CCTV News: On September 7th, the General Administration of Customs announced that the total value of China's foreign trade imports and exports in the first eight months of this year was 27.08 trillion yuan, which is at a historical high for the same period.
According to customs statistics, the total import and export value of China in the first eight months of this year was 27.08 trillion yuan, a slight decrease of 0.1% year-on-year. Among them, exports reached 15.47 trillion yuan, an increase of 0.8%, while imports reached 11.61 trillion yuan, a decrease of 1.3%. In August, China's imports and exports reached 3.59 trillion yuan, a month on month increase of 3.9%, and the overall monthly import and export trend remained stable.
In the first eight months of this year, China's import and export to 152 "the Belt and Road" countries totaled 12.62 trillion yuan, up 3.6% year on year, accounting for 46.6% of China's foreign trade. Among them, imports and exports to ASEAN amounted to 4.11 trillion yuan, an increase of 1.6%. Import and export to the five Central Asian countries reached 390.47 billion yuan, an increase of 34.1%.
In the first eight months of this year, the import and export of private enterprises in China reached 14.33 trillion yuan, a year-on-year increase of 6%, accounting for 52.9% of China's import and export, and continuing to maintain its position as the largest operating entity in foreign trade.
China's exports have maintained growth, with exports of mechanical and electrical products reaching 8.97 trillion yuan, a year-on-year increase of 3.6%, accounting for 58% of China's total export value during the same period. Exports of automobiles and spare parts, ships, and electrical equipment have increased by 50.1%, 28%, and 18.6%, respectively.